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SmartCentres Real Estate Investment Trust Announces $350 Million Series AA Senior Unsecured Debenture Issue

July 18, 2024 By Globenewswire Tagged With: TSX:SRU.UN

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, July 18, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that it has priced an offering of $350 million aggregate principal amount of 5.162% Series AA senior unsecured debentures on an agency basis…. [Read More]

Dream Office REIT Q2 2024 Financial Results Release Date, Webcast and Conference Call

July 18, 2024 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office”) will be releasing its financial results for the quarter ended June 30, 2024, on Friday, August 9, 2024.


Senior management will be hosting a conference call to discuss the financial results. Participants may join the conference call by audio or webcast.

Conference Call:

Date:

Monday, August 12, 2024 at 9:00 a.m. (ET)

Audio:

1-844-763-8274 (toll free)

647-484-8814 (toll)

Webcast:

A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the Calendar of Events on the News and Events page on Dream Office’s website at www.dreamofficereit.ca and click on the link for the webcast.

Digital Replay:

A taped replay of the call will be available for ninety (90) days. For access details, please click on the Calendar of Events on Dream Office’s website.

About Dream Office

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

For further information, please contact:

Michael J. Cooper
Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang
Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

Cargill Surpasses 50 Percent Completion Milestone for Regina Canola Processing Facility Build

July 17, 2024 By Business Wire

Cargill anticipates facility to open in 2025

REGINA, Saskatchewan–(BUSINESS WIRE)–Cargill, a global leader in oilseed processing, today announced it has surpassed the 50 percent completion milestone in the construction of its new canola facility located at the Global Transportation Hub in West Regina, Sask. Cargill broke ground on the facility in July 2022 and anticipates opening in 2025. The new facility will have the capacity to process 1 million metric tons of canola per year, producing crude canola oil for food and biofuel markets and canola meal for animal feed.




“The addition of the Regina facility to the Cargill network will play a critical role connecting the Canadian canola industry to the expanding domestic and global market opportunities for vegetable oil, high quality meal and biofuels,” said Jeff Vassart, president of Cargill Canada. “The current construction environment is full of unique challenges and this project has faced many headwinds since we broke ground, but we are committed to becoming a best-in-class option for canola growers in the region, along with helping decarbonize the global food and fuel supply chain.”

To support rail and road infrastructure around the new plant, Cargill recently completed the purchase of just over 400 acres near the Global Transportation Hub. This will allow for better connection to existing rail lines, providing efficient access to destination markets for both meal pellets and canola oil. Additionally, this will mean the site has additional optionality to bring canola seed to Regina when needed, providing a new destination for farmers in western Canada.

Cargill offers a full suite of solutions for farmers across western Canada – from grain marketing and advisory services to crop inputs and agronomic expertise. Canadian canola growers can maximize the value of their canola through a variety of programs. Learn more at CargillAg.ca.

About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.

Our 160,000 team members innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing—today and for generations to come. For more information, visit Cargill.com and our News Center.

Contacts

Bridget Christenson

Cargill

media@cargill.com

The Becker Milk Company Limited: 2024 Annual Financial Results

July 16, 2024 By Globenewswire Tagged With: TSX:BEK.B

TORONTO, July 16, 2024 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the year ended April 30, 2024. HIGHLIGHTS Total revenues for the year ended April 30, 2024 were $3,045,648 compared to $2,860,435 for the same period in 2023; The non-IFRS financial measure Net Operating… [Read More]

StorageVault to Acquire $71,500,000 of Assets; Updates Previously Announced Transactions

July 16, 2024 By Globenewswire Tagged With: TSX:SVI

TORONTO, July 16, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has agreed to acquire two adjacent properties in southern Ontario from two arm’s length vendors (the “Vendors”) for an aggregate purchase price of $71,500,000, subject to customary adjustments (the “Acquisition”). The purchase price is expected to be… [Read More]

SmartCentres Declares Distribution for July 2024

July 16, 2024 By Globenewswire Tagged With: TSX:SRU.UN

TORONTO, July 16, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of July 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on August 15, 2024 to unitholders… [Read More]

Slate Grocery REIT Announces Distribution for the Month of July 2024

July 16, 2024 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of July 2024 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.


Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.

Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.

If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.

Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on August 15, 2024 to unitholders of record as of the close of business on July 31, 2024.

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform focuses on four areas of real assets, including real estate equity, real estate credit, real estate securities, and infrastructure. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SGR-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

ERES REIT Completes €116 Million in Strategic Portfolio Sales

July 15, 2024 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, July 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today that it has closed on two dispositions of an aggregate 530 residential suites in the Netherlands for approximately €114.9 million in combined gross proceeds. ERES also announced that it has closed on the sale of… [Read More]

Allied Announces July 2024 Distribution

July 15, 2024 By Globenewswire Tagged With: TSX:AP.UN

TORONTO, July 15, 2024 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of July 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on August 15, 2024, to unitholders of record as… [Read More]

ERES REIT Declares July 2024 Monthly Distribution

July 15, 2024 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, July 15, 2024 (GLOBE NEWSWIRE) —  European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the July 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “July Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]

CAPREIT Announces July 2024 Distribution

July 15, 2024 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, July 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its July 2024 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The July 2024 distribution will be payable on August 15, 2024 to Unitholders of record at the close… [Read More]

CAPREIT Announces Strategic Sale of MHC Portfolio for $740 Million

July 15, 2024 By Globenewswire Tagged With: TSX:CAR.UN

This news release constitutes a “designated news release” for the purposes of CAPREIT’s prospectus supplement dated February 22, 2024, to its short form base shelf prospectus dated May 9, 2023. TORONTO, July 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has entered into an agreement… [Read More]

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